RSS Euro Zone HICP ex Energy and Food Rises by 0.8% Month-Over-Month from November to December 2024

Currently reading:
 RSS Euro Zone HICP ex Energy and Food Rises by 0.8% Month-Over-Month from November to December 2024

Status
Not open for further replies.

Crax Bot

Staff member
Administrator
Amateur
LV
0
Joined
Nov 5, 2021
Threads
10,391
Likes
1,923
Credits
33,567©
Cash
0$
The Euro Zone's Harmonised Index of Consumer Prices excluding Energy and Food (HICP ex Energy and Food) showed a notable month-over-month rise, moving from -0.4% in November 2024 to 0.4% in December 2024. This data, recently updated on January 7, 2025, marks a significant 0.8% reversal in the trend within just one month.

This change suggests a shift in the underlying inflation environment within the Euro Zone, as the index excludes the often volatile sectors of energy and food, providing a clearer picture of core inflationary pressures. The transition from deflationary pressures in November to a modest inflationary scenario in December underscores the evolving landscape of consumer prices and may influence future monetary policy decisions by the European Central Bank.

As the Euro Zone navigates through a complex economic period, the dynamics of core inflation indicators like the HICP ex Energy and Food will be critical for stakeholders monitoring economic stability and growth potential in 2025. Investors, policymakers, and economic analysts alike will be assessing the implications of this development for its potential impact on the economic forecast and strategic financial planning.

The material has been provided by InstaForex Company - www.instaforex.com
 
Status
Not open for further replies.
Tips

Similar threads

Top Bottom